Jack Nargundkar

Retired Marketer | Opinionated Writer | Amateur Investor | Spiritual Seeker.😎

[Jack Nargundkar @MahaTweeter]

I just published my 2026 Market Outlook: ‘AI, AI, AI…’ — It’s Painful to Predict. The grinch stole our 2025 Santa rally—that doesn’t bode well for 2026—so fasten your seatbelts, it's going to be another bumpy year! Happy New Year! https://t.co/ywJDHp60Hb

[Jack Nargundkar @MahaTweeter]

Mr. Dhume’s anti-Modi bias comes through based on the statistics that he quotes on India’s economic performance. The top 3 data he cites are all largely attributable to Trump’s post-Liberation Day tariff regime starting April 2025 and Trump’s Iran War starting March 2026:

1. “The rupee, already among Asia’s worst-performing currencies in 2025, has lost 11% of its value against the dollar over the past 12 months.”
2. “Just last year, Indian officials trumpeted an International Monetary Fund forecast that India was on the cusp of overtaking Japan as the world’s fourth-largest economy at market exchange rates. Instead, India has fallen to sixth place, behind the U.K.”
3. “Foreign investors have pulled more than $23 billion from Indian equities since the start of the year. Net foreign direct investment in the fiscal year that ended March 31 was a paltry $7.7 billion, down from $28 billion three years earlier.”

While Dhume acknowledges the deleterious effects of the Iran War on India’s economy in the near term, he ignores Trump’s conscious efforts to hurt India at the expense of Pakistan over the past year, while mouthing platitudes to Modi.

The more important fact is that non-aligned India had been moving closer to the U.S. over the past 25 years and this was setback by Trump’s actions. Meanwhile, India has moved to expand economic and some defense partnerships with several European, Middle Eastern, and Indo-Pacific nations that will prove fruitful in the coming years.

[Jack Nargundkar @MahaTweeter]

The EB concludes, “This means CIA director John Ratcliffe and others will have to give Mr. Pulte a crash course in intelligence analysis, how to make sense of competing evidence, and the implications for national security and American foreign policy.”

Unfortunately, this is the last job in the entire federal government that can afford “learning on the job” and especially in war time! Besides, Congress clearly mandated that the DNI must have the required and necessary experience in the intelligence field. Sadly, and terrifyingly, Mr. Pulte doesn’t qualify. One hopes that what the EB suggests, “Mr. Trump wanted revenge on the deep state and here it is” doesn’t come at the expense of our national security!

[Jack Nargundkar @MahaTweeter]

I could probably answer most of the questions that Karl Rove has posed but it would take more than the allotted 1500 characters! Nonetheless, the more important point is that even if the primaries didn’t answer the questions that Karl has posed, isn’t it his job as an opinion columnist to at least answer some of them? It’s disappointing when op-ed writers hedge their bets on the tough questions, which is what Karl’s non-answering has done here.

[Jack Nargundkar @MahaTweeter]

So says the lady who brought us the Iraq War on a faulty premise of WMD! Has it occurred to Condi Rice that a “a weaker, more confused” Iranian regime could be a more dangerous and erratic one? As we have already seen in the seesaw post-ceasefire negotiations for the past two months!

Also, Ms. Rice concludes, “But time is on the side of the U.S. and its allies. Reaching no deal is fine. Reaching a bad deal isn’t.” Unfortunately, Trump is not a patient man, so time is not on our side, practically speaking. Trump said the same thing about no deal being better than a bad deal—only time can show how pretentious and political this assertion most likely is, but again, patience is not a presidential virtue.

[Jack Nargundkar @MahaTweeter]

@WSJopinion 👇https://t.co/eSkI89w3xd

[Jack Nargundkar @MahaTweeter]

Two comments on this editorial from HWJ Jr.:

1. “Mr. Biden’s Justice Department investigated Mr. Biden himself for mishandling intelligence documents.”

Would such an investigation of Mr. Trump happen under Mr. Trump’s Justice Department?

2. “In 2024, his narrow victory (115,000 votes in three states would have changed the result) …”

So, Trump didn’t win a landslide victory in 2024?

[Jack Nargundkar @MahaTweeter]

@mmpadellan 👇https://t.co/ywLW8QwlUr

[Jack Nargundkar @MahaTweeter]

@WSJ With the murder of “60 Minutes” complete, the new CBS has transitioned into the “Conservative Broadcasting System.” Look out Fox, you’ve got competition!

[Jack Nargundkar @MahaTweeter]

@DylanByers 👇https://t.co/ywLW8QwlUr

[Jack Nargundkar @MahaTweeter]

@WSJ With the murder of “60 Minutes” complete, the new CBS has transitioned into the “Conservative Broadcasting System.” Look out Fox, you’ve got competition!

[Jack Nargundkar @MahaTweeter]

@NoLieWithBTC 👇https://t.co/ywLW8QwlUr

[Jack Nargundkar @MahaTweeter]

@WSJ With the murder of “60 Minutes” complete, the new CBS has transitioned into the “Conservative Broadcasting System.” Look out Fox, you’ve got competition!

[Jack Nargundkar @MahaTweeter]

@MZHemingway @BenMullin 👇https://t.co/ywLW8QwlUr

[Jack Nargundkar @MahaTweeter]

@WSJ With the murder of “60 Minutes” complete, the new CBS has transitioned into the “Conservative Broadcasting System.” Look out Fox, you’ve got competition!

[Jack Nargundkar @MahaTweeter]

@WSJ With the murder of “60 Minutes” complete, the new CBS has transitioned into the “Conservative Broadcasting System.” Look out Fox, you’ve got competition!

[Jack Nargundkar @MahaTweeter]

The EB concludes, “The best outcome now would be for Republicans in Congress to unite to kill it.” Acting AG Todd Blanche had indicated that Trump and his family would also be exempt from future tax audits, as a part of the slush fund deal. So, while Congress is at it, could it also add a rider to the “kill bill,” which says no president can be exempt from future tax audits? It’s an important proviso to help stem our slide towards becoming a banana republic.

[Jack Nargundkar @MahaTweeter]

Two comments on this editorial from HWJ Jr.:

1. “Mr. Biden’s Justice Department investigated Mr. Biden himself for mishandling intelligence documents.”

Would such an investigation of Mr. Trump happen under Mr. Trump’s Justice Department?

2. “In 2024, his narrow victory (115,000 votes in three states would have changed the result) …”

So, Trump didn’t win a landslide victory in 2024?

[Jack Nargundkar @MahaTweeter]

The EB’s conclusion, “They won’t admit it, but they both deserve outsize credit for helping Donald Trump win a second term” sounds wistful like it regrets the outcome of the 2024 election. I don’t blame the EB; Trump is turning out to be the real RINO—his populist policies are far from what traditional conservative dogma has represented over the past several decades.

[Jack Nargundkar @MahaTweeter]

@CNBCFastMoney @tanayamacheel Welcome to the perpetual disaster! Gives new meaning to the phrase “perp walk!” It’s what this perp is going to perpetrate as BTC grows more speculative and untethered!

[Jack Nargundkar @MahaTweeter]

I have not heard a single viable explanation from all of CNBC’s bitcoin experts as to why this digital asset has been sinking and sliding for the past year or more despite every other financial instrument - backed by tangible underlying assets - participating in some sort of recovery or run up! I’m sorry “rage quitting” does not qualify as an explanation for crypto’s long winter!

[Jack Nargundkar @MahaTweeter]

@tunkuv @Mike_Pence Mike Pence sounds patriotic and righteous now that he has a book to sell. But if he were a true conservative, he would have invoked the 25th Amendment Section 4 after Jan 6, 2021, to immediately remove President Trump from office.

[Jack Nargundkar @MahaTweeter]

It was, is, and will always be “the art of the delay” with Iran—its negotiators could probably offer other nations a master class in how to do this. It doesn’t help that President Trump has indicated that he is bored with the never-ending negotiations. Also, it has been reported that Trump berated Netanyahu over the phone for making the negotiations with Iran more difficult. Such impressions can only exacerbate the problem—Iran is thus able to project to the world, an image of winning despite having lost so much in military terms. We are at a classic stalemate.

[Jack Nargundkar @MahaTweeter]

@WSJopinion 👇https://t.co/PlBIkteA07

[Jack Nargundkar @MahaTweeter]

Democrats’ frustration stems from the fact the Supreme Court has had a conservative majority since 1970. Yet through the 1970s and 1980s, we had numerous cases that were decided in favor of liberal positions by so-called swing justices, such as Sandra Day O’Connor and Anthony Kennedy. Since 2006, with the appointment of Justice Alito, the Court has moved increasingly to the hard right on many seminal cases, such as Dobbs, which in 2022 overturned five decades of abortion rights.

Most critically, it’s the landmark 2024 Court ruling—in Trump v. United States, where it established that former presidents have absolute immunity from criminal prosecution for official actions—that has triggered a rash of corrupt presidential behavior and executive actions, which has not only Democrats but also Americans across the political spectrum miffed. The Supreme Court has emboldened President Trump to push the envelope on executive actions causing much ANGST—Act Now Get Sued Tomorrow—about his conduct throughout the country. Invariably, the damage is done first and redress, if it follows, comes or could come much later!

[Jack Nargundkar @MahaTweeter]

@WSJopinion @andykessler 👇https://t.co/6l6GTaBjX4

[Jack Nargundkar @MahaTweeter]

Andy Kessler quotes Cerebras’s CEO’s “flimsy math” on its IPO day, “There are 47 million software engineers in the world. If each one uses $100,000 of tokens a year, that’s nearly $5 trillion from just a single use case. Do that bottoms-up and you go, ‘Holy crap.’” That’s what investors and financial institutions look for—Total Addressable Market or TAM—in startups, which in Cerebras’s CEO’s estimate is “47 million software engineers.”

Over 5 years ago, I had written a Medium article, “TAM — The Holy Grail Of Business — Is A Sham.” In it I had noted, “whether one estimates TAM using a top-down, bottom-up or value-theory methodology, the heart of the problem is in “addressable,” which is invariably a pipe dream.” And I had made a case for moving from a pie-in-the-sky “addressable” to a more realistic “monetizable” segment called Total Monetizable Market or TMM. IPO investors are welcome to read my take on TMM, which to use Andy’s references will cause no “hallucinations” or “red spreadsheets.”

[Jack Nargundkar @MahaTweeter]

WRM writes, “Mr. Hegseth’s speech was silent on the subject on most of his audience’s minds: the U.S.-Iran war, which has closed the Strait of Hormuz to the sea traffic on which most of the region’s economies depend.”

Seriously? Then why did he go there? The U.S.-Iran war is doing a number on Asian economies and Hegseth didn’t offer any succor to our allies in the Indo-Pacific? Let’s hope the Trump administration’s follow-up actions speak louder than Hegseth’s words. Because China is waiting in the wings to fulfill the role of an Asian tiger, albeit a benevolent one.